Prices For Foodstuffs Fall By 0.7% In 2007 June In Armenia

PRICES FOR FOODSTUFFS FALL BY 0.7% IN 2007 JUNE IN ARMENIA

Noyan Tapan
Jul 10, 2007

YEREVAN, JULY 10, NOYAN TAPAN. A 0.7% fall in prices for foodstuffs
was registered in 2007 June, as compared with May, in Armenia, which
was mainly conditioned by a 14.2-2.6% fall in prices for vegetables,
fish products, eggs, and granulated sugar.

According to the data of the RA National Statistical Service, in
2007 June, as compared with 2006 June, a 18.2% growth in prices
was registered in the potato commodity group, and a 14.2% fall in
prices as compared with May 2007. The latter was mainly conditioned
by a 47.1% fall in prices for green beans, 46.8% for cucumber, 37.2%
for tomato, 35.5% for green pepper, 31.6% for cabbage, and 18.6% for
onions. The prices for potato in the above mentioned period fell by
2.4%, and prices for garlic, egg-plants, beets, and carrots increased
by 1.4-52.8%.

A 6.2% fall in prices was registered in the fish commodity group in
May-June 2007, at that, in June, as compared with May, prices for
fish products fell by 5.9%. The latter is mainly the result of the 7%
fall in price for fresh white fish.

The average price for eggs in May-June 2007 in Armenia decreased
by 4.8%, at that, a 4.7% fall in price was registered in June, as
compared with May.

A 2.6-0.1% fall in prices for granulated sugar, dairy products, and
soft drinks was registered in June 2007, as compared with May. A 7.3%
growth in prices was registered in the baked products commodity group
in June 2007, as compared with May, which was mainly conditioned by a
7.5% growth in prices for flour, 10.3% for bread, and 13.3% for grain.

A 30.7% growth in prices was registered in the fruits commodity group
in June 2007, as compared with June 2006, and a 0.7% growth in prices
as compared with May 2007. In June 2007, as compared with May, prices
for lemons, pears, oranges, and apples grew by 1.8-14.4%.

A 0.1% growth in prices for vegetable oil and butter was registered
in June 2007, as compared with May, and prices were kept unchanged,
as compared with the previous month, in the commodity groups of meat
products, coffee, tea, cocoa, confectionery, other goods, alcoholic
drinks, and cigarettes.

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